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what is the formula to calculate yield to maturity NOT using a calculator?? 1 answer below » A 6.85 percent coupon bond with 26 years left to maturity is offered for sale at $1,035.25. What yield to maturity [interest rate] is the bond offering? Assume
interest payments are paid semi-annually, and solve using semi-annual compounding. I need this without the calculator! I can’t even find the equation to do it
by hand… Jan 18 2014 02:16 AM
